Select a reliable forex broker before put your funds

Before you decide to invest your money into a reliable forex broker should learn first the following characteristics broker. Because as good as any forex strategy that you have if you do not invest placement on the right broker, then your money will not grow even more and you suffer more losses. So before you start investing in forex trading online we will give you the information to find out about forex broker of your choice. In general, there are 4 types of forex brokers most often used by traders in trading or forex trading, which broker Conventional, Non Dealing Desk ( ECN / STP / DMA ), Dealing Desk, and Hybrid.

Forex trading can also be done in a way leading to the exchange of money such as a conventional bank or to the exchange point (money changer) for dealing with physical cash. The traditional way is called forex trading in the conventional (non-online), which is certainly a lot of limitations and is not realtime.

Our little to discuss and introduce the types of broker who used to trade forex online (non-physical), including :

Broker non dealing desk

That is an order in which the broker who is passed directly to the market, financial institutions or large banks, or to another broker. Normally spreads in Non Dealing Desk broker types are fickle nature (volatile) depends on the actual market. Non Dealing Desk broker type is suitable for professional traders, because it is very fair, without manipulation and user trade against actual market and not against the broker or dealer. Non Dealing Desk broker types are divided into three, namely ECN Broker, STP Broker and Broker DMA.